The Sousouwe group comprises three people, and its president (with the raised hand in the photo) is named Loukiatou. The group members live in the same house. With the goal of increasing their working capital, this group is seeking its first loan through ALIDÉ. Loukiatou is 35 years old and lives in Benin. She is married to a merchant named Abou. The couple have two children, both of whom are in school and live with their parents. Having ended her studies in primary school, Loukiatou prepares food that she sells in Benin. She has run this business for two years. She gets her supplies at one of the markets in Benin. This business provides her with an income that helps her pay for various household expenses. This first loan will certainly allow Loukiatou and the other Sousouwe group members to raise the level of their businesses and increase their clientele and income.
SOUSOUWE est un groupe constitué de trois personnes et dont la présidente (celle qui a la main levée sur la photo) se nomme Loukiatou. Les membres du groupe habitent la même maison. Dans le but d’augmenter leur fonds de roulement, ce groupe sollicite pour la première fois, un crédit auprès de ALIDé. Loukiatou est âgée de 35 ans et vit au Bénin. Loukiatou est mariée à un commerçant du nom de Abou. Le couple a deux enfants tous scolarisés et vivant ensemble avec eux. Après avoir arrêté l’école au primaire, Loukiatou prépare de la nourriture qu'elle vend au Bénin. Loukiatou mène cette activité depuis deux ans. Loukiatou s'approvisionne dans l'un des marchés du Bénin. Cette activité lui génère des revenus l'aidant à ainsi assurer les diverses charges de la famille. Ce premier prêt permettra certainement à Loukiatou et aux autres membres du groupe SOUSOUWE de rehausser le niveau de leur activité et d’accroître leur clientèle et leur revenu.
Alidé is a Beninese NGO that works to reduce poverty by offering sustainable access to productive loans like this one in addition to savings, training sessions, and social work to low-income families.
Supporters of this loan should be aware that there is some risk of being repaid late. Because the Beninois Ministry of Finance has imposed restrictions on the amount of money Alidé can send to Kiva, the organization can only send monthly repayments in installments smaller than $13,000. This means that some Kiva lenders may receive their repayments late. However, Alidé remains a healthy institution in good standing with its creditors, and Kiva would like to continue working to support its clients. For more information, please refer to Alidé's partner profile page.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.